Callan Family Office LLC Invests $3.25 Million in Entergy Corporation $ETR

Key Points

• Callan Family Office acquired 28,293 Entergy shares worth approximately $3.25 million during the second quarter. Institutional investors collectively own 88.07% of the utility’s stock.
• Entergy exceeded quarterly expectations with adjusted EPS of $1.03 versus the $1.01 consensus and revenue of $3.52 billion. The company maintained fiscal 2026 EPS guidance of $4.25–$4.45.
• Entergy declared a quarterly dividend of $0.64 per share, representing a $2.56 annualized payout and a 2.4% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $120.84.

Callan Family Office LLC acquired a new stake in Entergy Corporation (NYSE:ETR - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 28,293 shares of the utilities provider's stock, valued at approximately $3,250,000.

A number of other hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new stake in Entergy during the second quarter valued at $4,861,376,000. JPMorgan Chase & Co. raised its position in shares of Entergy by 54.9% in the 4th quarter. JPMorgan Chase & Co. now owns 22,694,994 shares of the utilities provider's stock worth $2,097,699,000 after acquiring an additional 8,046,287 shares in the last quarter. Norges Bank bought a new position in shares of Entergy in the 4th quarter worth about $528,313,000. Deutsche Bank AG acquired a new position in shares of Entergy in the 2nd quarter valued at about $289,303,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Entergy in the 2nd quarter valued at about $277,819,000. Institutional investors own 88.07% of the company's stock.

Entergy Price Performance

Shares of NYSE ETR opened at $104.56 on Friday. Entergy Corporation has a fifty-two week low of $86.40 and a fifty-two week high of $118.44. The stock has a market cap of $48.79 billion, a price-to-earnings ratio of 26.81, a PEG ratio of 1.79 and a beta of 0.50. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.70 and a current ratio of 0.91. The firm's 50-day simple moving average is $111.55 and its 200 day simple moving average is $109.57.

Entergy (NYSE:ETR - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.03 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.02. The firm had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.49 billion. Entergy had a return on equity of 10.53% and a net margin of 13.40%.During the same period in the previous year, the company posted $1.05 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, research analysts anticipate that Entergy Corporation will post 4.4 earnings per share for the current fiscal year.

Entergy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Thursday, August 13th will be given a dividend of $0.64 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $2.56 annualized dividend and a dividend yield of 2.4%. Entergy's payout ratio is presently 65.64%.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. JPMorgan Chase & Co. raised their target price on Entergy from $129.00 to $139.00 and gave the stock an "overweight" rating in a research note on Thursday, July 16th. Jefferies Financial Group restated a "buy" rating on shares of Entergy in a report on Wednesday, June 10th. Evercore reiterated an "outperform" rating and set a $128.00 price objective on shares of Entergy in a report on Monday, August 17th. BMO Capital Markets increased their price objective on shares of Entergy from $123.00 to $124.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 22nd. Finally, Truist Financial set a $122.00 target price on Entergy and gave the company a "buy" rating in a research note on Thursday, August 13th. Seventeen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $120.84.

Insider Buying and Selling at Entergy

In related news, Director Ralph Lewis Ropp purchased 1,000 shares of the stock in a transaction that occurred on Thursday, August 6th. The stock was acquired at an average cost of $106.08 per share, with a total value of $106,080.00. Following the transaction, the director owned 3,423 shares of the company's stock, valued at $363,111.84. This represents a 41.27% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Haley Fisackerly sold 10,638 shares of the firm's stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total value of $1,170,180.00. Following the transaction, the insider owned 14,182 shares in the company, valued at approximately $1,560,020. This trade represents a 42.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.21% of the company's stock.

Entergy Profile

Entergy Corporation NYSE: ETR is an integrated energy company headquartered in New Orleans, Louisiana, that generates, transmits and distributes electricity. The company's operations combine regulated utility services with competitive power production, supplying retail electricity to residential, commercial and industrial customers while also participating in wholesale energy markets. Entergy's generation fleet includes nuclear, natural gas, hydropower and other resources, and it operates a network of transmission and distribution assets to deliver power to end users.

Entergy conducts its regulated utility business through state-based operating subsidiaries that serve customers across parts of Arkansas, Louisiana, Mississippi and southeast Texas.

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